Starbucks Corporation (NASDAQ: SBUX) shot up briefly intraday before retracing under Monday’s low-of-day to head into its third-quarter financial results Tuesday afternoon.
House Speaker Nancy Pelosi, a California Democrat whose visit to Taiwan on Tuesday is heating up Sino-American relations, is a longtime critic of China and has been a forthright human rights advocate throughout her career.<
PayPal Inc. (NASDAQ: PYPL) stock has been on a secular downtrend since July 2021 and it has plummeted about 71% from its all-time high of $310.16 on July 26, 2021.
Hong Kong’s benchmark Hang Seng Index opened in the red, losing over 2.5% in opening trade, following the trend in broader Asian markets after reports emerged that U.S. House Speaker Nancy Pelosi was to arrive in Taiwan on Tuesday. China has issued a strongly worded statement saying it will take firm measures if she does so.
The World Health Organization has declared the 2022 outbreak of monkeypox a global health emergency. The monkeypox crisis isn't as severe as the COVID-19 pandemic, but it has a number of health care and biotech stocks on the move.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day 41 years ago, cable television channel MTV was launched.
Where The Market Was
The Dow Jones Industrial Average closed at 946.25 and the S&P 500 traded at 130.46.
Alibaba Group Holding Inc. (NYSE: BABA) has said it will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the New York Stock Exchange (NYSE) and the Hong Kong Stock Exchange.